• Income Tax

Tips collected by hotel from customers and distributed to employees not salary for the purpose of TDS u/s 192-Supreme Court

8 years ago

The Supreme Court in its recent judgment has held that tips collected by the hotel from customers and distributed to employees…

  • FCRA

FCRA designated bank/utilization accounts to be brought on online platform of Public Finance Management Service for random scrutiny.

8 years ago

Changes in FCRA Rules As per Foreign Contribution (Regulation) Amendment Rules, 2015 notified in Gazette of India on 14.12.2015, the…

  • Black Money

Measures taken by the Indian Government to Curb Black Money in the Country particularly black money stashed away abroad-Press Release

8 years ago

The Measures taken by the Government to Curb Black Money in the Country Ministry of Finance Press Release dated 27/04/2016…

  • Black Money

Government-It should not be assumed that everyone (including Indian Citizens) who appears in Panama Papers is involved in tax avoidance or evasion

8 years ago

Tax Evasion by Indian Citizens Named in Panama Papers Ministry of Finance Press Release dated 27/04/2016 Recently, information about certain…

  • Black Money

Multi-Disciplinary Team for Probing the Panama Papers Leaks. Group consists of CBDT, ED, FIU and RBI with Convenor as Member (Investigation), CBDT.

8 years ago

Multi-Disciplinary Team for Probing the Panama Papers Leaks Ministry of Finance Press Release dated 27-04-2016 Recently, information about certain offshore…

  • Income Tax

E-filing Vault-Procedure to Protect your Income Tax Account

8 years ago

Announcing the e-Filing Vault Option Protect your Income Tax Department e-Filing account!   Dear Taxpayer, In order to ensure that…

  • Income Tax

Payment of interest on refund u/s 244A of excess TDS deposited under section 195. Department not to pursue/withdraw appeals filed-CBDT Circular

8 years ago

Circular No.  11/2016 F.No.279/Misc./M-140/2015-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New…

  • Income Tax

Commencement of limitation for penalty proceedings under sections 271D and 271E. AO not to issue notice-CBDT Circular on Departmental View

8 years ago

Circular No.  09/DV/2016 (Departmental  View) F.No.279/Misc./M-116/2012-IT J Government of India Ministry of Finance Department  of Revenue Central Board of Direct…

  • Excise/Custom

Excisability of bagasse, aluminium/ zinc dross. Withdrawal of Circulars/Instruction in view of Supreme Court Judgment-CBEC Circular

8 years ago

Circular No. 1027/15/2016-CX F. No. 96/115/2015- CX.1 Government of India Ministry of Finance Department of Revenue (Central Board of Excise…

  • Excise/Custom

CBEC Clarification-Disposal of Call Book cases which have been decided by Courts or Board has issued clarification

8 years ago

Circular No. 1028/16/2016-CX F.No. 21/1/2016-CX.I Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs…